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HONG KONG -- SMT Holdings Ltd. reported fiscal fourth-quarter revenue fell 58% year-over-year to HK$182.7 million ($23.5 million) on operation downsizing and drops in demand for LCD TVs, computer peripherals, industrial and automotive products.

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WATERLOO, ONTARIO -- Fresh off the departure of its global sales chief last week, RIM could be gearing up to lay off thousands more workers in the coming weeks, according to several media reports.

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THOUSAND OAKS, CA -- A Teledyne Technologies subsidiary has entered into a definitive agreement to merge with LeCroy in an all-cash transaction worth $291 million.

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